DL Ukkel: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
DL Ukkel
Largest movements
- Receivables within one year +€136,400
up €136,400 (+933%), from €14,613 to €151,013
of which Other amounts receivable: +€137,358
- Cash -€42,498
down €42,498 (-54.6%), from €77,868 to €35,370
mainly Receivables within one year (-€136,400) and Stocks and contracts (-€25,504)
- Stocks and contracts +€25,504
up €25,504 (+13.4%), from €190,418 to €215,922
- Intangible fixed assets -€7,200
down €7,200 (-29.3%), from €24,600 to €17,400
- Other debts +€82,728
up €82,728 (+20.2%), from €409,447 to €492,175
- Profit (loss) carried forward +€51,390
up €51,390 (+19.8%), from -€259,108 to -€207,718
- Debts after one year -€17,749
no longer reported in 2025 (was €17,749)
- Current portion of long-term debt -€12,203
down €12,203 (-40.7%), from €29,952 to €17,749
- Trade debts +€7,312
up €7,312 (+8.2%), from €89,335 to €96,647
- Purchases and services +€127,286
up €127,286 (+8.1%), from €1.6m to €1.7m
- Turnover +€124,668
up €124,668 (+7.5%), from €1.7m to €1.8m
- Gross operating margin +€35,207
up €35,207 (+18.5%), from €190,050 to €225,257
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €331,382 | €440,214 | +€108,832 | +32.8% |
| Fixed assets | 21/28 | €48,003 | €36,553 | -€11,449 | -23.9% |
| Intangible fixed assets | 21 | €24,600 | €17,400 | -€7,200 | -29.3% |
| Tangible fixed assets | 22/27 | €23,053 | €18,803 | -€4,249 | -18.4% |
| Land and buildings | 22 | €23,053 | €14,230 | -€8,822 | -38.3% |
| Plant, machinery and equipment | 23 | - | €4,573 | +€4,573 | |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €283,379 | €403,660 | +€120,281 | +42.4% |
| Stocks and contracts in progress | 3 | €190,418 | €215,922 | +€25,504 | +13.4% |
| Stocks | 30/36 | €190,418 | €215,922 | +€25,504 | +13.4% |
| Amounts receivable within one year | 40/41 | €14,613 | €151,013 | +€136,400 | +933% |
| Trade receivables | 40 | €957 | - | -€957 | |
| Other amounts receivable | 41 | €13,656 | €151,013 | +€137,358 | +1,006% |
| Cash at bank and in hand | 54/58 | €77,868 | €35,370 | -€42,498 | -54.6% |
| Deferred charges and accrued income | 490/1 | €480 | €1,355 | +€875 | +182% |
| Total equity and liabilities | 10/49 | €331,382 | €440,214 | +€108,832 | +32.8% |
| Equity | 10/15 | -€251,048 | -€199,658 | +€51,390 | +20.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€259,108 | -€207,718 | +€51,390 | +19.8% |
| Amounts payable | 17/49 | €582,430 | €639,872 | +€57,442 | +9.9% |
| Amounts payable after more than one year | 17 | €17,749 | - | -€17,749 | |
| Financial debts | 170/4 | €17,749 | - | -€17,749 | |
| Amounts payable within one year | 42/48 | €562,181 | €637,372 | +€75,191 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €29,952 | €17,749 | -€12,203 | -40.7% |
| Trade debts | 44 | €89,335 | €96,647 | +€7,312 | +8.2% |
| Suppliers | 440/4 | €89,335 | €96,647 | +€7,312 | +8.2% |
| Advances received on contracts in progress | 46 | €443 | €250 | -€192 | -43.5% |
| Taxes, remuneration and social security | 45 | €33,004 | €30,550 | -€2,454 | -7.4% |
| Taxes | 450/3 | €16,636 | €13,943 | -€2,693 | -16.2% |
| Remuneration and social security | 454/9 | €16,368 | €16,607 | +€239 | +1.5% |
| Other amounts payable | 47/48 | €409,447 | €492,175 | +€82,728 | +20.2% |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Turnover | 70 | €1,654,234 | €1,778,902 | +€124,668 | +7.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,567,474 | €1,694,760 | +€127,286 | +8.1% |
| Remuneration, social security and pensions | 62 | €119,697 | €128,512 | +€8,815 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,301 | €16,772 | +€471 | +2.9% |
| Other operating charges | 640/8 | €2,462 | €2,540 | +€77 | +3.1% |
| Gross operating margin | 9900 | €190,050 | €225,257 | +€35,207 | +18.5% |
| Operating profit (loss) | 9901 | €51,590 | €77,433 | +€25,843 | +50.1% |
| Financial income | 75/76B | €1,385 | €2,639 | +€1,254 | +90.5% |
| Recurring financial income | 75 | €1,385 | €2,639 | +€1,254 | +90.5% |
| Financial charges | 65/66B | €28,853 | €28,681 | -€172 | -0.6% |
| Recurring financial charges | 65 | €28,853 | €28,681 | -€172 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | €24,122 | €51,390 | +€27,269 | +113% |
| Profit (loss) for the period | 9904 | €24,122 | €51,390 | +€27,269 | +113% |
| Profit (loss) for the period to be appropriated | 9905 | €24,122 | €51,390 | +€27,269 | +113% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.